David Stockman: "The two parties are in a race to the fiscal bottom to see which one can bury our children and grandchildren deeper in debt"
David Stockman, the former budget director during Ronald Reagan’s first term, speaks out on the Obama presidency, the state of the economy, the Bush tax cuts, and what the midterm results might do to the Democratic agenda.
The Bush tax cuts are “unaffordable,’’ he says. Extending them would be a “travesty.” President Obama’s stimulus program was “futile.” Ben S. Bernanke, the Federal Reserve chairman, is undermining the whole economy.
Today, Stockman says,
* “I invest in anything that Bernanke can’t destroy, including gold, canned beans, bottled water and flashlight batteries.”
Link:
http://dailybail.com/home/david-stockman-the-two-parties-are-in-a-race-to-the-fiscal-b.html
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